8632 W Capitol Dr

Milwaukee, WI 53222

Part of Milwaukee || Excellent Income Producing Properties

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4 bd, 2 ba | 1,974 sqft | Built in 1957

For Sale

Exclusive

List Price
$215,000

Initial Investment

$58,588

$

about the purchase process.
Features

Occupancy

Month To Month

Lease Start

12/27/2019

Lease End

M/M

Property Type

Duplex

Lot Size

4,560

HOA

None

Flood Risk

Not Required

  • Both units are now on a month-to-month basis
  • This cash flow property has excellent tenants and ability to raise rents regularly.
  • Nestled in the fast appreciating Nash Park neighborhood bordering Wauwatosa, this property is highly desired by great tenants
  • Improvements to the property 2019 to 2021 include: New Roof, New Vinyl Windows, New Carpeting & Laminate in Whole Building, Landlord Easy Rekey Locks, New Lights, Outlets, Switches Installed, & New Bathroom Vanities & Toilets Installed.
  • * Please verify estimate property taxes for pro-forma as per seller, it should be lower
See more in Analysis

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Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$4,566

Property taxes

-$5,400

Loan Payments

-$9,238

Net Cash Flow

$1,544

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.